Well this should do wonders for Biden’s empty shelves.
Los Angeles ports will fine cargo ships waiting to unload their goods in an attempt to relieve congestion that is as desperate as it is gobsmackingly stupid.
It’s a fine so pointless and wrong that, of course, Presidentish Joe Biden has chimed in with his support for it.
According to CNBC, the White House is “hopeful” that fines will “ease the intensifying logjam of cargo ships” waiting to unload at Long Beach and the Port of Los Angeles. Together, the two account for 40% of the country’s seaborne imports.
Carriers will have to pay “$100 per day for each container lingering past a given timeline” starting on the first of the month. Containers moved by truck will have nine days before they’ll start paying, and containers moved by rail will have just three days.